Ly Corporation Limited · SGX:1H8
Ly — Shareholder Meeting (April 2026)
16 slides from Ly's shareholder meeting presentation, Apr 29, 2026
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 29 April 2026
Slide 2: Important Notice
IMPORTANT NOTICE This presentation has been prepared by LY Corporation Limited (the “Company”) and has been reviewed by the Company’s sponsor, Xandar Capital Pte. Ltd. (the “Sponsor”). This presentation has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “SGX-
Slide 3: Agenda
AGENDA 01 FINANCIAL HIGHLIGHTS 02 BUSINESS UPDATES 03 GROWTH STRATEGY
Slide 4: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS FY2025 FY2024 (RM’000) (Audited) (Restated) % Change Revenue 196,644 222,372 (11.6) Gross (Loss)/Profit (1,016) 13,415 (107.6) Loss Before Tax (29,094) (5,573) 422.1 Loss After Tax (19,411) (5,811) 234.0 Net Loss Attributable to Shareholders (18,693) (6,983) 167.7 Gross (Loss)/P
Slide 6: Revenue
REVENUE FY2025 FY2024 % Change Number of 40-ft containers sold (“Container”) 2,201 2,333 (5.7%) Average Selling Price per Container RM79,000 RM85,000 (7.1%) • Revenue declined by 11.6% to RM196.6 million in FY2025. • The decrease was mainly due to: o lower container sales volume, which fell from 2,3
Slide 7: Revenue by Business Segment
REVENUE BY BUSINESS SEGMENT Revenue by Business Segment FY2025 36.1% Business Segment FY2025 FY2024 Furniture 63.9% 64.3% Millwork 36.1% 35.7% Total 100.0% 100.0% 63.9% Furniture Millwork
Slide 8: Revenue by Geographical Markets
REVENUE BY GEOGRAPHICAL MARKETS Revenue by geographical markets FY2025 Geographical markets FY2025 FY2024 USA 50.9% 51.7% 0.5% Hong Kong 26.6% 26.5% 22.0% Malaysia 22.0% 19.8% UAE 0.5% 1.3% 50.9% Others - 0.7% 26.6% Total 100.0% 100.0% USA continued to be our largest market at 50.9% USA Hong Kong Ma
Slide 9: Gross Profits
GROSS PROFITS (RM’000) FY2025 FY2024 % Change Gross (Loss) / Profit (1,016) 13,415 (107.6) Gross (Loss) / Profit Margin (0.5%) 6.0% • Revenue declined at a higher rate than cost of sales, mainly due to the weakening of the US dollar against the Malaysian Ringgit, resulting in a gross loss of RM1.0 m
Slide 10: Balance Sheet Position
BALANCE SHEET POSITION (RM’000) As at 31 Dec 2025 As at 31 Dec 2024 Non-current assets 162,541 173,848 Current assets 68,609 103,009 Cash and cash equivalents 13,212 17,671 Total Assets 231,150 276,857 Current liabilities 31,704 49,703 Loans and borrowings 12,401 26,076 Non-current liabilities 10,68
Slide 11: Liquidity and Capital Resources
LIQUIDITY AND CAPITAL RESOURCES (RM’000) As at 31 Dec 2025 As at 31 Dec 2024 Net cash flows generated from / (used in) operating activities 13,220 (21,648) Net cash flows used in investing activities (4,114) (9,950) Net cash flows used in financing activities (13,393) (5,460) Net change in cash and
Slide 12: Business Updates
BUSINESS UPDATES
Slide 13: Business Updates
BUSINESS UPDATES Retail Cabinetry Business - LY Unity Group • Expanded the number of outlets in the Klang Valley from 5 to 12 since the acquisition in August 2024. • Expanded the retail cabinetry business into northern and southern Malaysia with one outlet in each region. • Secured a partnership wit
Slide 14: Growth Strategy
GROWTH STRATEGY
Slide 15: Growth Strategy
GROWTH STRATEGY Strengthen Core Expand Retail Launch Unity Operations Cabinetry Business Home Concept • Maintain disciplined execution • Continue expanding the retail • Launch of Unity Home concept to improve flexibility, resource cabinetry business under LY Unity in the southern outlet in utilisati
Slide 16: Thank You
LIMITED STRENGTHENING SOF —- THANK YOU GROWTH